Finance Manager

The Finance Manager will be responsible for leading, directing, and managing the accounting, financial planning, reporting, and analysis functions. This role will drive and improve financial performance, ensuring accurate financial decision-making support for stakeholders through strong analytical, financial, and numerical skills.

KEY ACCOUNTABILITIES

Lead Accounting Function (AP, AR, General Ledger):

• Ensure the smooth day-to-day running of the finance department.
• Liaise with external stakeholders (suppliers, banks, auditors) and internal stakeholders (senior management, department heads).
• Ensure all transactions are accounted for timely, accurately, and efficiently, following local financial regulations and IFRS.
• Perform periodic reviews of all balances and reconciliations to ensure accuracy.
• Maintain and update the fixed assets register regularly.
• Ensure that accounting policies and procedures are robust and adhered to, incorporating any updates in local financial reporting standards.

Accounts Receivable (AR) & Accounts Payable (AP) Management:

• Manage customer billing and ensure that payments are processed and accounted for on time.
• Oversee the timely booking and reporting of accounts receivable.
• Ensure prompt follow-up on overdue payments and resolve any issues related to customer billing.
• Lead the AP function, ensuring that processes for transaction booking and payments are efficient and meet regulatory requirements.
• Regularly review the A/P status for outstanding invoices and manage vendor disputes.
• Manage petty cash and approval for cheques according to delegated authority.

Lead Accounting and Reporting:

• Oversee cash calls to stakeholders and ensure timely submission of all monthly and ad hoc financial reports.
• Handle internal and external audits, working closely with auditors to facilitate accurate and compliant reporting.
• Review external financial statements from other offices and prepare them for CFRO approval.
• Prepare and manage monthly financial reports for management and shareholders, ensuring clarity and alignment with local regulations.
• Design, update, and improve internal financial report templates, including business review meetings and management information systems (MIS).

Cost Reporting & Compliance:

• Oversee the preparation and review of reports on project costs, ensuring alignment with budget expectations and real-time tracking of expenses.
• Review variation orders and ensure they are properly documented and approved according to project specifications.
• Lead compliance-related reporting, including statistics reports required by the authorities.

Team Management:

• Build and manage the finance team, ensuring high morale and productivity.
• Conduct annual performance evaluations.
• Identify and address training needs for team development.

Required Qualifications:

• Bachelor's Degree in Economics, Finance, Accounting, or a related field.
• Professional qualification (CA, ACCA, CPA, or equivalent) required.
• 10-12 years of experience in finance, with a focus on real estate development and/or construction.
• A minimum of 5 years of experience in a managerial finance position.
• Experience managing large financial portfolios, with exposure to real estate, investments, and emerging sectors.

Job Specific Skills:

• Excellent understanding of financial management practices, especially in the real estate and construction sectors.
• Proven experience in financial forecasting, reporting, and strategic financial management.
• Strong communication skills with the ability to interact with stakeholders at all levels of the organization.
• Knowledge of financial regulations and IFRS is a must.